Louisville, KY 40205,2114 Bonnycastle Ave
Louisville, KY 40205,2114 Bonnycastle Ave
Louisville, KY 40205,2114 Bonnycastle Ave
Louisville, KY 40205,2114 Bonnycastle Ave
Louisville, KY 40205,2114 Bonnycastle Ave
Louisville, KY 40205,2114 Bonnycastle Ave
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$ 826,700
Est. payment | /mo

8 Beds

5 Baths

5,200 SqFt


Save
$ 826,700
Est. payment | /mo
Save

8 Beds

5 Baths

5,200 SqFt

Open House

Sun Jan 18, 12:00pm - 2:00pm

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 5,200 sqft

Price per Sqft $158

MLS Listing ID 1706806

Style Traditional

Bedrooms 8

HOA Y/N No

Abv Grd Liv Area 5,200

Year Built 1925

Lot Size 9,147 Sqft

Acres 0.21

Property Sub-Type Quadruplex

Source APEX MLS (Greater Louisville Association of REALTORS®)

Land Area 5200

Property Description

Located at 2114 Bonnycastle Avenue in the heart of Louisville's beloved Highlands, this exceptional four-plex is a true trophy asset on one of the city's most iconic and sought-after streets, within one of Louisville's strongest and most stable rental markets. This stately three-story brick home offers four well-appointed units, varying from one bedroom to three bedrooms each, and featuring unique bonus spaces such as sunrooms, butler's pantries, or mudrooms that add charm, functionality, and tenant appeal. The property includes a full basement with washers and dryers currently provided free to tenants, with the option for a new owner to convert to coin laundry for additional income. A large, fenced backyard and three rear garages further enhance value and provide significant additional income potential. Two units are currently occupied, while two are vacating now and are marketed for rent, with strong demand suggesting quick lease-up, likely by February 1. The property has strong occupancy with very minimal turnover in 25 years. It presents an outstanding opportunity for an investor or owner-occupant alike...live in one unit and let the cash flow from the others help pay your mortgage, or purchase and just sit back and enjoy the cash flow while easily self managing. Although rents are slightly below market, they already generate excellent cash flow with clear upside potential. Just steps from Bardstown Road's shops, restaurants, and entertainment, this turnkey investment is a rare Highlands offering not to be missed.

Location

State KY

County Jefferson

Direction East of Bardstown Road between Chichester Ave. and Cowling Ave.

Interior

Heating MiniSplit/Ductless, Forced Air

Cooling Central Air

Exterior

Exterior Feature None

Garage Spaces 3.0

View Y/N No

Roof Type Composition

Porch Deck, Enclosed

Garage Yes

Building

Lot Description Sidewalk

Building Description Brick, Laundry Facility,Additional Strg

Sewer Public Sewer

Water Public

Architectural Style Traditional

Structure Type Brick

Greater Louisville MLS (Metro Search Inc)
Listed by Homepage Realty
Austin Kutz

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(270) 735-3897

austin@compassandkeygroup.com

617 N Mulberry St #105B, Elizabethtown, KY, 42701, USA

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2114 Bonnycastle Ave